Conflicted Lender means any Lender (which term, for the purposes of this definition shall include any Affiliate of that Lender) which is or is acting on behalf of (including in its capacity as the grantor of a Participation or any other agreement pursuant to which such rights may pass):
Conflicted Lender means any Lender (which term, for the purposes of this definition shall include any Affiliate of that Lender) which is or is acting on behalf of (including in its capacity as the grantor of a participation or any other agreement pursuant to which such rights may pass) any of the following:
Conflicted Lender has the meaning set out in Section 2.19.
Examples of Conflicted Lender in a sentence
In ascertaining the Majority Lenders or whether the agreement of Lender(s) holding any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments or the Commitments (in respect of any or all of the Facility) has been obtained to approve any request, the Commitment of any Conflicted Lender and any Non-Responding Lender will be deemed to be zero and its status as a Lender ignored.
The Company will not unreasonably withhold its consent to a Transfer but it will not be unreasonable for the Company to withhold its consent to a proposed Transfer to a Conflicted Lender.
More Definitions of Conflicted Lender
Conflicted Lender has the meaning described in Section 2.10.
Conflicted Lender has the meaning given to it in Section 3.11(b);
Conflicted Lender shall be any Lender that, as of any date of determination, holds nominal claims against (i) SFI, and/or (ii) SFO that (determined on a percentage basis of the total bond claims against SFI or SFO, as applicable), individually or in the aggregate, exceed 50% of its nominal Lender Claims (determined on a percentage basis of the total Lender Claims of all Lenders). By way of example, if a Lender held 30% of the aggregate Lender Claims, it would be a Conflicted Lender if it held more than 15% of either the bond claims against SFI or SFO or the combined bond claims against SFI and SFO. For the purposes hereof, immaterial changes to the Restructuring Term Sheet shall not constitute a modification or amendment thereof or of this Agreement.
Conflicted Lender shall have the meaning set out in Section 2.10(c).
Conflicted Lender has the meaning set out in Section 2.20(1).
Conflicted Lender shall be any Lender that, as of any date of determination, (a) objects in any respect to any of the relief requested by the Debtors in their motion for approval of the DIP Facility filed with the Bankruptcy Court or (b) holds nominal unsecured senior notes claims against the Debtors that (determined on a percentage basis of the total unsecured senior notes claims against the Debtors) exceed 50% of its nominal Lender Claims (determined on a percentage basis of the total Lender Claims of all Lenders). By way of example with respect to clause (b) in the immediately preceding sentence, if a Lender held 30% of the aggregate Lender Claims, it would be a Conflicted Lender if it held more than 15% of the aggregate unsecured senior notes claims against the Debtors. For the purposes hereof, immaterial changes to the Restructuring Term Sheet shall not constitute a modification or amendment thereof or of this Agreement and may be made by the Debtors and the Administrative Agent.
Conflicted Lender means any Lender whose primary business (or which has an Affiliate whose primary business) is the provision of information technology services of any type (other than to one of its Affiliates) unless that Lender or its Affiliate acquired shares in a company whose primary business is the provision of information technology services as a result of the enforcement of security or a debt for equity swap and the employees and teams working in such business are separate from the employees and teams working on the Finance Documents and subject to information barriers or any person acting on behalf of or on the instructions of or for the account of such person in becoming a Lender.